Michael Avenatti arrested for alleged $20 million extortion attempt against Nike

[Jarqui]

70. Here's video of the California charges

and the New York extortion charges

Jerry Toobin of CNN described Avenatti as have a "bad bad day".
After watching the videos, I think that is a big understatement.

He posted a $300,000 bond in NY and made a short statement at the very end of this video
claiming he will be completely cleared of all the charges.

He did a Michael Cohen and thanked the arresting law enforcement for good treatment.

I'm not sure about the NY extortion though they have audio of his extortion attempt. The California charges look bad in terms of evidence. He did repay the bank that accused him of fraud but they seem to have him dead to rights on providing tax returns that were fake. He did provide his client some of the $1.6 mil settlement money he received for that client during the year plus he strung him along. That is serious because he's violated his lawyers trust account - and he can be disbarred for that. But he hasn't been filing taxes for a number of years and the IRS is ticked off. He owes them $800,000 for 2009 & 2010 and hasn't filed 2011-2014 or so.

I really doubt he can escape all of this unscathed and with his license to practice law.
It looks like he's been pulling rabbits out of his hat for a while and it finally caught up to him.
Kind of tragic.
Didn't mind him as a bulldog for our causes.